News and press releases

Latest news from the Ministries and the Office of the Prime Minister can be found here.

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  • "Norway Price" to Ensure Predictable and Stable Electricity Prices for Consumers

    17/03/2025 Press release Ministry of Energy

    The government proposes introducing an alternative support scheme for electricity for households, called the "Norway Price." Under the Norway Price support scheme households will be offered a fixed price on electricity at 40 øre per kWh (excluding

  • Announcing one area related to CO2-storage

    05/03/2025 Press release Ministry of Energy

    The Ministry of Energy announces one area in the North Sea for companies to apply for exploration licenses related to CO2-storage.

  • New steps to reduce electricity bills and maintain control over national energy resources

    01/02/2025 Press release Office of the Prime Minister, Ministry of Energy

    The Norwegian Government has proposed a set of new measures to lower the cost of consumer electricity bills. Under the new plan, consumers will be able to choose between subscribing to the general electricity support scheme or a new fixed price of

  • APA 2024: 53 new production licenses awarded

    14/01/2025 Press release Ministry of Energy

    The Norwegian Ministry of Energy offers 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round.

  • Awarding two new licences for CO2 storage on the Norwegian continental shelf

    19/12/2024 Press release Ministry of Energy

    The Ministry of Energy offers two new exploration licences for CO2 storage on the continental shelf. Both licences are located in the North Sea.

  • The State acquiers increased ownership in the gas transportation system

    12/11/2024 Press release Ministry of Energy

    The Ministry of Energy has entered into purchase agreements of interests in key parts of the gas infrastructure with 7 different companies.

  • A responsible approach to floating offshore wind

    07/10/2024 Press release Ministry of Energy

    The government’s offshore wind initiative continues on a steady course. The government will announce the next project areas for development of offshore wind on the Norwegian continental shelf in 2025 and is proposing 35 billion NOK for a support

  • The government proposes to increase the allocation for resource and environmental mapping of seabed minerals

    07/10/2024 Press release Ministry of Energy

    The government will facilitate responsible, sustainable and profitable seabed mineral activity on the Norwegian continental shelf. We need more knowledge about the mineral resources, the environmental conditions in the Norwegian deep-sea areas, and

  • The Longship project is near completion

    07/10/2024 Press release Ministry of Energy

    The Norwegian government continues its investment in the Longship project and proposes an allocation of 2.1 billion NOK in the state budget for 2025. In 2025, a large part of the full-scale project for CCS in Norway will be completed.

  • Large revenues from the petroleum industry in 2024

    07/10/2024 Press release Ministry of Energy

    The state's net cash flow from petroleum activities is estimated to be 680 billion NOK in 2024. These revenues go into the Norwegian Government Pension Fund Global and are expected to provide approximately 20 billion NOK into future budgets.

  • A Historic Breakthrough for CO2 Management

    27/09/2024 Press release Ministry of Energy

    Minister of Energy, Terje Aasland opens the world’s first commercial facility for the transport and permanent storage of CO2 beneath the seabed at Øygarden, outside Bergen.

  • Applications for permits to store CO2 in the North Sea

    06/09/2024 Press release Ministry of Energy

    The Ministry of Energy has received applications from six companies in connection with the announcement of three areas in the North Sea related to CO2 storage on the Norwegian continental shelf.

  • APA 2024: 21 companies are applying for new exploration areas

    06/09/2024 Press release Ministry of Energy

    The Ministry of Energy has received applications from 21 companies in connection with the announcement of the license round for the best-known exploration areas on the Norwegian continental shelf.

  • Public consultation of the first licensing round for seabed minerals

    26/06/2024 Press release Ministry of Energy

    The Ministry of Energy has presented a proposal for the announcement of the first licensing round for seabed minerals on the Norwegian continental shelf for public consultation. The proposal sets out the areas where the companies will be able to

  • Awarding four new licenses for CO2 storage on the Norwegian continental shelf

    20/06/2024 Press release Ministry of Energy

    Today, the Norwegian Ministry of Energy announces offers for four new exploration licenses related to CO2 storage on the Norwegian continental shelf. All the licenses are in the North Sea.

  • Norway and Ukraine Sign Energy Cooperation Agreement

    11/06/2024 Press release Ministry of Trade, Industry and Fisheries, Ministry of Energy, Ministry of Foreign Affairs

    Russia's war of aggression against Ukraine has destroyed large parts of the country's energy infrastructure. In addition to military support for the defense against Russian aggression, Ukraine is in desperate need for additional and urgent support

  • Announcing three areas related  to CO2-storage

    06/06/2024 Press release Ministry of Energy

    The Ministry of Energy announces three areas in the North Sea for companies to apply for exploration licences related to CO2-storage on the Norwegian continental shelf.

  • Announcement of areas through APA 2024

    08/05/2024 Press release Ministry of Energy

    The Norwegian Ministry of Energy is today announcing this year’s licensing round on the Norwegian continental shelf - APA 2024. The annual rounds of awards in predefined areas (APA) give oil companies the opportunity to gain access to attractive

  • Norway leads the way in offering commercial CO2 storage

    30/04/2024 Press release Ministry of Energy

    The government is pursuing an active policy to facilitate socio-economically profitable storage of CO2 on the Norwegian continental shelf. The policy allows industries with large emission sources to pay for permanent storage instead of releasing CO2

  • Ventyr SN II AS won the auction for the allocation of a project area for offshore wind in Sørlige Nordsjø II

    20/03/2024 Press release Ministry of Energy, Office of the Prime Minister

    Following a successful auction, it is Ventyr SN II AS, owned by Parkwind and Ingka-group, who will be the first to develop offshore wind in Sørlige Nordsjø II. The winning bid in the auction is 115 øre/kWh. Two bidders participated in the auction.

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